Fully Entitled Land at Entrance to Legacy Golf Club

Vacant Land for Sale
Sale Pending/Contingent
Catylist Listing ID: 30465017
Property Subtypes: Multi-Family, Residential (Single Family)
Status: Pending/Contingent
Building Status: Proposed
Gross Land Area: 5 - 7 Acres
Sale Price: $1,795,000
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/15/2023

Overview / Comments

Surplus land directly on an Arnold Palmer Signature designed golf course.? This subject property is at the main entrance to Lakewood Ranch Country Club on University Parkway at the Northeast corner of Legacy Boulevard & University Parkway.? Not only is this property located at the north side of Lakewood Ranch Corporate Park, it is also a part of the second fastest selling multi-generational, master-planned community in the United States with more than 36,000 residents in more than 20 villages.? Lakewood Ranch has witnessed explosive residential growth by 33% (mid year 2017-mid year 2018).? Lakewood Ranch's 1,571 businesses employ more than 16,362 employees in diverse ?elds including ?nance and insurance, healthcare, retail, professional/technology and construction.? UTC is less than 2 miles away, which holds vibrant and varied shopping districts throughout Lakewood Ranch that include more than 72 eating establishments.?

Permit ready, with Administrative review of site plan for 48 units, no stipulations.? Bring your site plan! Last chance for this exclusive location.?

Designed by Arnold Palmer and opened in 1997, Legacy Golf Club is an Upscale, 18 Hole Championship Public Golf Course stretching out to just over 7000 yards. The course is comprised of towering pines, majestic native oaks, and wetlands...all preserved as a stunning backdrop where Florida's coastal wildlife abounds. As an award-winning Arnold Palmer Signature Design, Legacy has earned its reputation as one of the premier course layouts in the Southeastern US.

If wide fairways, a Par 3 island green, 100 tricky bunkers, and undulating greens are your idea of golf-nirvana, Legacy Golf Club is within easy reach of most Tampa, Sarasota, and Bradenton, Florida tourist destinations. Located just 20 miles from the Gulf of Mexico, the prevailing winds make play challenging at times, but most golfers will quickly adapt and appreciate the test.

New ownership invested in excess of $1,000,000 the Summer of 2018. The improvements included all new greens, bunkers, irrigations system, landscape beds, upgraded bridges, cart paths, and remodel of the Clubhouse interior. This demonstrated a level of commitment to the local golfing community from the ownership group to continue to maintain and uphold the honor of having one of the few Arnold Palmer Signature Golf Courses.

Legacy Golf Club is an Upscale, 18 Hole Championship Public Golf Course, widely considered "unparalleled" in comparison to most other courses in the Southwest Florida Area. Offering impeccable levels of service and golf course conditioning, Legacy appeals to traveling golfers and locals alike. As an award-winning Arnold Palmer Signature Design, Legacy has earned its reputation as one of the premier golf course layouts in the Southeastern United States! The course features multiple elevated teeing areas, and virtually every hole is framed with sand and water. The unique layout has generous landing areas, making the look very dramatic and visually challenging, while still playable for all golfers. Come test your skills and be ready for a truly memorable round of golf.

?Property Type: Multifamily
?Property Use: Development
?Area: 6+ Acres
?Zoning: Condo
?Fully entitled for 48 Units

Attachments & Media

Additional Details

Nearest MSA: North Port-Sarasota-Bradenton
County: Manatee
Taxing Authority: Manatee County
Property Visibility: Excellent

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 22,799 74,224
Median Age: 49.42 49.01
Households: 10,073 32,529


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